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CNN
Jul 7, 2011 10:00am PDT
other big stories we've got going on today, one of them being casey anthony will walk out of jail a free woman in six days. now, you hear that, and think back to 48 hours ago. it was at this time tuesday that casey anthony was facing the possibility of life in prison, maybe even facing the death penalty. what a difference 48 hours makes, because today she is counting the days until she walks out of the jail a free woman. she is counting down to six. you know by now, casey anthony was acquitted of murdering her 2-year-old daughter caylee, but convicted on four counts of lying to investigators. just before sentencing, the deceives tried and failed to reduce down to one. here are the four counts. lying about working at university studios, liking about caylee being with a nanny, the fick tick zanny you heard solve about. and lying about speaking to caylee on the phone. this morning, the judge melvin perry gave her the maximum to each of those counts. >> i will sentence you to one year in the orange county jail, xwokting a $1,000 fine on each count all four counts to run consecutive to each o
CNN
Jul 7, 2011 11:00pm PDT
the next big question when casey is released where she's going to go. did mason give any hint about that? >> he said plans were being made. he would not tell me what they were. but he is concerned for her safety. they all are. they do realize the public opinion in this nation deems casey anthony maybe one of the most hated women in america right now. so they are taking security precautions for her safety. >> i want to play some of what he said about their fears for her safety. let's listen. >> sure. yeah. everybody around her knows we have to be concerned for her safety. there's a lot of nuts out there that don't believe in the constitution of the united states, don't believe in the jury system. all you have to do is go downstairs on the sidewalk and you'll see. >> he wouldn't say, though, what precautions they're taking to ensure her safety, right? >> no. he wouldn't even tell me where she's going to go. he does not think she can live in orlando, florida or even the state of florida, and wonders where in the united she can become anonymous and just sort of blend into the society. he had
CNN
Jul 16, 2011 5:00am PDT
. the big mistaking that had people thinking they had gotten the bargain of the year. >>> but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. >> people failed children, they cheated. and we can't allow that to happen and we can't allow anyone who was involved with that to remain in our system. >> now, staff replacement may
CNN
Jul 15, 2011 2:00am PDT
, give people a presumption of innocence. i think that just how high up it goes is a big question and it's one we shouldn't be jumping to conclusions about. >> speaking of hacking, somebody absolutely plundered the pentagon in the spring, it was one of the worst breaches ever of security. listen to these details. >> indeed, in a single intrusion this past march, 24,000 files were taken. >> it was done, we think, by a foreign intelligence service, in other words, a nation state was behind it. >> now, those files belonged to a u.s. defense contractor, that's 24,000 good reasons why the defense department is looking at tightening up its cyber security. casey anthony leaves jail in two more days, just in time to face a defamation lawsuit. anthony told police that she had a nanny back when the search was getting under way. the woman's lawyers want anthony to sit down for a deposition tuesday. they think it's the only chance they'll get before she bolts orlando and maybe florida. anthony's lawyers say no way, that is too soon after a gruelling trial and she'll plead the fifth if asked question
CNN
Jul 7, 2011 3:00am PDT
reform. it is quite a big undertaking considering there isn't a lot of time left but certainly some movement that we have seen since yesterday, guy. >> any specifics? i think important people who are listening to the process of what's happening in washington, what this means for people over a longer period of time is fewer services and smaller government and maybe higher taxes or higher cost of living your life as the services go away. i mean, all of these have amazing and long lasting ramifications for how we live our lives. my specifics? >> huge long -- no. honestly in terms of the specific, i mean, we can talk generally about where the cuts would come from, entitlements, defense spending, you can see how that would affect different people and the nation as a whole. specifics, no, i think we are going to be getting, obviously, more details on that to come. let's just take a look at some of the things that some of the folks who are coming here to the white house are going to demand because, remember, president obama is hosting eight members of congress, top two democrats and top tw
CNN
Jul 16, 2011 9:00am PDT
to an end. it's just a big project, a $1 billion project that wraps up hopefully if things go as scheduled monday morning. right now, what you're looking at are construction crews hard at work behind me. they're demolishing a portion of this bridge. when i say busy, this artery is busy, 500,000 cars pass through it each day. millions hit this freeway each week. it's a big deal. so far we've gotten a really interesting update i'll tell you about in a sec. i saw cnn take the pictures live a short time ago. hopefully you turned it around for us. it was pretty cool stuff. knocking off chunks and chunks of those cement blocks at the top there, really, really hard work, a big, big project to tackle. but it seems that things are ahead of schedule. they're tearing down just a portion of that bridge. the update we have, we checked in with los angeles police as well as california transportation officials, things look really well on the roadways, the surface streets. traffic across the city is still relatively like. they don't know what the rest of the day or the weekend will bring. but if things mov
CNN
Jul 3, 2011 11:00am PDT
, the policeman gets to his feet right there. that big protective suit did its job. he had only minor injuries. police say the bomb in the car was detonated by someone who was probably near the scene watching that. >>> now to the philippines where a political argument got physical very physical, right in front of television cameras. take a look. >> that furious fighting woman is the mayor. the target of her anger is the court sheriff. she lashed out after he reportedly ignored her order to postpone the demolition of a shanty town until she arrived. she has since apologized and the incident is now under investigation. >>> on to london now, a new wimbledon men's champ celebrating on center court with that one right there. novak joke o vick beating rafael nadal. he came into the tournament as the second seed. he almost liked surprised there. he lost just one match all year long. >>> on to canada now, it's day four of prince william and his wife katherine's first official visit as a married couple. the royals attended a prayer service with the crew of a canadian ship, some anti- monarchy protester
CNN
Jul 13, 2011 3:00am PDT
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
CNN
Jun 30, 2011 10:00pm PDT
found this really interesting. many people say that suggests these online pharmacist could be a big factor in the prescription drug problem overall. for one second i want to show you some numbers as to how big a number we're talking about here. according to the national institute on drug abuse about 7 million people using prescription drugs for non-medical reason. in 2009 ant 3% of the population. nearly one in 12 high school seniors report non-medical use of vicodin. one in 20 say they used oxycontin. what's interesting, drew, is that 59% of those high school seniors also say they got the drugs from a friend or a relative. which brings up another question. as you've been pointing out in your reports, it's so easy to buy these drugs online. but if the pharmacies start to shut down, can people get term from their family or friends pretty easily? >> they certainly will. but i think it's the proliferation of the ease of getting these drugs. and even people who want these drugs, let's say a doctor predescribes them. but the prescription runs out. they're addicted. they want to keep it g
CNN
Jul 2, 2011 12:00pm PDT
to worry about that is a big deal. >> reporter: lytro has set up shop in this nondecember crypt office building in mountain view, california. near google. it is so seekive it wouldn't let us shoot inside. they haven't said what the camera will cost but they said it will be competitively price sewed they get widespread adaption. it is known that it could have sold to it one of the big time camera makers like nicon or cannon but it opted to hold on to it to have a revolutionary new product. cnn, san francisco. >> revolutionary indeed. be sure to watch every sunday at 2:00 eastern time right here in the cnn newsroom. >>> here's what's happening this hour. americans planning to travel to the mexican border city of nuevo laredo are being urged to cancel their plans this week. texas authorities warn they have information that a mexican drug cartel plans to target u.s. citizens in nuevo laredo for robbery, extortion or carjackings. and wildfires in texas are cutting into fourth of july fun. the texas forest service is reporting a record setting 235 counties under burn bans prior to this holid
CNN
Jul 2, 2011 7:00pm PDT
of those things they promisedprom s promised,ilities it's big. jane, do you agree? you have been covering it since the beginning and you have been there the last couple weeks up close and personal. >> they can get in something that is based on a reasonable inference. i think that's going topy a source of contention. i think you're going to hear a lot of objection from the prosecution tomorrow because jose jose jose baez has a reputation of trying to sneak things in and he asks kwegings that are going to be objected to. but the rules are you cannot discuss rules not talked about in evident. he shoobt be able to say that little caylee drowned in the pool in opening statements, but he could saythenings like we saw evidence that she was capable of getting into the pool herself, and cindy testified that she believed that the ladder was left in a position that would allow her to go in and drown accidentally. the devil is in the details. it's going to be a lot of nuance and a lot of debate. >> drew, as a reporter and an observer, as you're watching the faces of the people on the jury, she's sayi
CNN
Jul 6, 2011 3:00am PDT
there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> minding your business this morning. investors on edge about financial instability in europe. stock futures trading lower after moody's downgraded portugal's credit rating to junk and markets closed almost flat yesterday. >>> president obama inviting democratic and republican leaders to a meeting at the white house thursday. thursday. to discuss raising the debt ceiling. if lawmakers can't come to an agreement by august 2nd the treasury department says it will not be able to pay all of its bills on time. >>> a facebook about to unveil what it calls something awesome. so far the social network won't say exactly what it has in store for today's announcement but the buzz is it's some sort of partnership with skype. >>> twitter shopping for another round of private f
CNN
Jul 5, 2011 12:00pm PDT
they were thinking and what they were thinking, and also casey anthony, the big question, where does she go now. what is her home now? thank you so much. everybody thank you for joining us. more coming up. brook baldwin taking over. we're swapping out the chairs. >>> casey anthony found not guilty of first-degree murder and not guilty of aggravated child abuse and not guilty of aggravated manslaughter. they did find her guilty of providing false information to a law enforcement officer. tremendous verdict here. we have a lot coming up in the next hour, and i have guests with me, including holly hughes, a criminal defense attorney. we will walk through what happens next to casey anthony. we look at the pictures here of a massive crowd outside of this orlando courthouse. as reaction is beginning to pour in, we heard from members of the defense team a short time ago saying there are no winners here, saying this is disgusting with media assassination and how casey anthony has been regarded here for years here, and i want to bring in holly hughes as we go back to and reset for the people that ju
CNN
Jul 7, 2011 8:00am PDT
consecutively. in other words, one after another, not concurrently, which was one of the big questions. she's already served about three years. she gets good time. she gets something which in florida they call gain time. right now the attorneys for both prosecution and defense are still in the courtroom sort of putting their heads together to figure out, well, what will be the exact release date? they know one thing, it is not going to be today. the judge had indicated, while in the proceedings that it could be around the end of july or august. in the meantime, a small gathering really of protesters. not the kind we anticipated to see really given the nature of how high emotions have been running. security is very high. you've got sheriff's deputies on horseback here. you've got helicopters hovering overhead. and you've got deputies walking all around the grounds here. but for the most part, it has remained calm as they continue to try to figure out exactly when will casey anthony go free. >> martin, there are demonstrators out there. what are they saying to you? are they upset? do they thi
CNN
Jul 4, 2011 8:00am PDT
know it's still a big brick wall. and for those people who think circumstantial evidence isn't enough, i have two words for you. scott peterson. he's sitting on death row right now in california with exactly the same type of case. no cause of death, nobody sauce him murder anybody, nobody could link him forensically to any part of the death, but the jury looked at all of it together and they said, you know what? that's enough for that brick wall of guilt. >> and casey anthony, we saw her today. she mouthed something when she made it very clear the prosecutor tried to paint her as a bad mother. what do we think of how we've seen her behaving, crying, sometimes stoic, sometimes serious. >> actually, suzanne, one of the charges that the judge is going to give, and that's what we call it. legally speaking, we say the judge is going to charge the jury. and basically, all it means is he's going to give them an instruction book and the instruction book is these are the laws that apply to this case. okay? this is the first degree murder charge. this is the aggravated man slaughter charge. thi
CNN
Jul 6, 2011 8:00am PDT
of the big stories of the day. i think everybody is talking act this. it was a bombshell verdict. the question, was justice served in the anthony trial? carol. everybody has been talking about this nonstop. >> it seems that way. it's crazy. even people who are talking about it deny it later because they are embarrassed. it's out there. casey anthony might be a free woman as soon as tomorrow, found not guilty of murder. she could be sentenced to time served for lying to investigators. if that happens, they have a plan in place to sneak her out of the courtroom for her own protection. not accusing anyone. the emotion surrounding the case is frenzied. >> i don't know if they are watching the same thing we were. it's just shocking. i don't know. i don't watch anything like this, but the little girl. it's just wrong. >> a jury found casey anthony not guilty. an alternate juror telling us the question of how she died was not answered. in public opinion, anthony is guilty as sin. >> most people, even the prosecution thought it was a slam dunk. you know what i think happened here? appare
CNN
Jul 7, 2011 2:00pm PDT
the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with "the cafferty file." >> in 2008 president obama promised to get all troops out of the iraq by the end of this year. after winning the presidency, he vowed to keep that promise. now is the deadline for military withdrawal approaches, he's apparently prepared to break that promise. gee, what a surprise. he's offering to leave 10,000 troops in iraq indefinitely. the white house says it's concerned that the planned pullout at the end of the year could spark violence and trigger militant attacks there. and don't forget all that oil. any extension of u.s. military presence depends on a formally request from the iraqi government. so far no request has been made, but the pentagon wants to give the prime minister and his government time to decide, so if they need the help, there's time to plan
CNN
Jul 2, 2011 10:00pm PDT
, you know, her not testifying to all of the things that was promised is big, and the jury is going to want to know why. >> jane velez-mitchell, you have been there covering the trial since the beginning and watching for the last couple of weeks up close and personal. >> well, they can get in something based on a reasonable inference, so i believe that is going to be a source of contention. i believe you will hear a lot of objection from the prosecution tomorrow, because jose baez has a track record of trying to sneak things in with inference, and asking questions that he knows are going to be objected to, and that objection is going to be sustained, and he doesn't care. he does it anyway. but the rules are, again, that you cannot discuss facts not in evidence, so jose baez should not be able to say, little caylee drowned accidentally in the pool, as he did in opening statements, but he might be able to say, we saw evidence that little caylee was capable of getting into that pool herself and cindy testified that she believes that the pool ladder was left in a position that would hav
CNN
Jul 6, 2011 7:00pm PDT
which is why no congress has ever, ever failed to raise the debt ceiling. it's why the big names on the left and the right from paul krugman to alan greenspan say missing the deadline would be suicidal. tonight house minority leader eric cantor who was against -- said he might be willing to talk about closing some tax loopholes. he and the rest of the democratic leadership and their counterparts to meet with president obama at the white house. "washington post" just now moving a story reporting on a possible big concession the president might put on the table. the post reporting he will for the first time offer up significant savings in social security. the newspaper sourcing it to people in both parties with knowledge of the president's proposal. in any case, today mr. obama called on both sides to get moving. >> congress has a responsibility to make sure we pay our bills. we've always paid them in the past. the notion that the u.s. is going to default on its debt is just irresponsible. and my expectation is that over the next week to two weeks, that congress working with the wh
CNN
Jul 5, 2011 2:00pm PDT
's immediately when the adrenaline kicked in. we all knew this was going to be big. ai journalists believed it was going to be bad news. we felt the jury hadn't deliberated that long. as we wait for the judge, it's deathly silent in there. everybody is in there but nobody is saying a word. we saw the defense team, the prosecution. jose baez was late to arrive. then casey anthony came in all eyes laser fixed on her. and you could see this was a terrified young woman. you could see she was trembling. you could see the emotion in her face. you saw cheney mason, jose baez get down on bended knee and get very close to her and start talking to her. then the judge comes in, then the jury comes in and then you heard the verdict. complete change of emotions then from what you saw, from abject fear to what was just pure elation. and there she was holding on to the hand of jose baez. once everything will be read, no other sound in the courtroom except the sobbing of an entire defense team. it was like they all let out this great sob at once, and then you saw the piling on as they all began hugging and
CNN
Jul 15, 2011 10:00pm PDT
. >> they shouldn't -- >> if that's the case you want to make, that's a big different case to make. this is a christian facility. and they take medicaid patients. not necessarily for this procedure or treatment or whatever you want to call is. >> there's no evidence they're using medicaid payments for reparative therapy. >> she should be asked about this theory. she's a candidate for president. one out of ten americans is gay. she should be asked if she wants to lead a country where at least 10% of us are gay or lesbian, what does she believe in this crack pot, bigoted theory that somehow there's something to be repaired in our brothers and sisters and sons and daughters who happen to be born gay. >> we'll have more with paul and ari after the break. the debt showdown president weighing in, republicans speaking out. polling the president used in support of his policies. frankly the president's numbers simply don't add up. we'll show you that. we're on facebook follow me on twitter @ anderson cooper. later thousands of protestors in cairo's liberation square. this isn't video from t
CNN
Jul 3, 2011 9:00am PDT
. one of the big problems is pakistan and a lot of the leadership resides in pakistan. we have to have a realistic assessment of the true situation in pakistan because there's no doubt that there's connections between isi and the network that were responsible not only for the hotel tragedy there but also for the attacks on americans and our allies. and that's not acceptable. >> to libya now. we have seen in the middle east and elsewhere that often when there is the removal of a leader that chaos ensues. we certainly saw that in iraq to a certain extent we're still seeing it in egypt. do you think the u.s. and northern african countries have any kind of plan on what would happen and what they would do about likely chaos is moammar gadhafi should leave. the man has chemical weapons. he has ground to air missiles. all of those, as you know, could fall into the wrong hands. what is the u.s. plan here? >> i think the u.s. plan there is to provide assistance and do the things that, in fact, i would have recognized the transition national council a long time ago as a legitimate voice of the l
CNN
Jul 4, 2011 2:00pm PDT
, but never quite so close to default. since we've been accumulating a big national debt, congress has raised the debt ceiling just 78 times. since 1960 alone. since the nation's debt reached the $1 trillion mark in the early 1980s, look at how government borrowing has skyrocketed. climbing really at an ex exponential rate. how is $14 trillion in relation to how big the economy is. it's about 95% of the size of the whole economy. we're fast approaching rates not seen since way back in world war ii and the great depression. when the size of the debt limit and the national debt was actually bigger than our gdp. this is what economists call a debt crisis. america runs by borrowing money. right now, 38 cents is borrowed money. if the debt kreeling is not raised in time, the u.s. could default on some of the payments. that's the last thing we need, recovering from a recession. >> fomdominique strauss-kahn ma face new sexual assault charges even though the case in new york is falling apart. [ male announcer ] to the seekers of things which are one of a kind. the authentic, the rare, the hard to def
CNN
Jul 1, 2011 2:00pm PDT
. ♪ >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. >>> a new york judge today released dominique strauss kahn from arrest saying the accuser lied about her background and facts of the case. the indictment against the former international monetary fund chief still stands, at least for now. prosecutors acknowledge they have doubts about the allegation that strauss kahn sexually attacked a maid in a luxury hotel back in may in new york. all the lawyers involved, they put their respective spin on what ha
CNN
Jul 5, 2011 7:00pm PDT
in just nothing but blatant character assassination. and that, i think, was the big problem in this case. they didn't have -- and they had a sequestered jury. and apparently the kind of guilt by osmosis that they would have seen if they weren't sequestered didn't seep into that jury room. instead of people saying that this is a tragedy, because anytime that you have a little girl who dies, that's a tragedy. i think the true tragedy is when people say we're never going to know what really happened and she should have been convicted. that to me is absolutely inexplicable. if you don't know what happened, how can you convict somebody beyond a reasonable doubt and put them to death? i mean, it makes no sense whatsoever. maybe it's good for iran or north korea but not in america. >> i'm going to ask everyone to stick around. we'll come back to you shortly. let us know what you think. we're on facebook or follow me on twitter @ john king cnn. more up next, more on how the defense did, in that vein we'll highlight some of the many statements casey anthony made that were simply not true, includi
CNN
Jul 6, 2011 10:00pm PDT
rating which is why no congress has ever, ever failed to raise the debt ceiling. why the big names on the left and the right, from paul krugman to alan greenspan to the chamber of commerce all say missing the deadline would be suicidal. yet both sides have been playing chicken on the issue for month. tonight, the house minority leader eric cantor who had been leading the charge against making any revenue increase as part of a debt deal said he might be willing to talk about closing some tax loopholes. he the rest of the gop leadership and the democratic counterparts on call to meet with president obama tomorrow at the white house. breaking news there. the "washington post" just now moving a story reporting on a possible big concession the president might put on the trouble. "the post" reporting he will for the first time offer up significant savings in social security. the newspaper sorting it to people with knowledge of the president's proposal. in any case, mr. obama called on both sides to get moving. >> congress has a responsibility to make sure we pay our bills. we've always p
CNN
Jul 7, 2011 6:00am PDT
out, she could be looking at quite of a big bill. in fact, nobody knows exactly how much it will be right now. they are going to have to have a hearing some time in the future for that. so perhaps her time in court will not be done after this session today. kyra? >> holly, we were talking and david has mentioned this as well, her safety. i mean, this whole murder trial was centered around a 2-year-old little girl who turned up dead. you know, with regard to the fact that she could walk free. it's not going to be easy for her. >> no. >> guilty or not, everything that has been out there about this crime, there's a lot of concern about her safety. >> there is different levels of freedom. technically is she locked in a jail cell? maybe not after half an hour from theory. then the freedom to move about an not be accosted and not approached by people in the street. that's a freedom she is not going to experience. this particular case just got to everybody. you've got a gorgeous baby girl, you've got grieving grandparents and then you have a not guilty verdict. so no one is held
CNN
Jul 9, 2011 3:00pm PDT
. and that means that we still have a big hole to fill. >> we're joined now by our chief white house correspondent, jessica yellin. there's no way to pretty up the report. >> the economy is a dark cloud hanging over the white house and the re-election. they know that. the white house is pointing out and they keep trying to that they were hand ad disastrous economy, they took major steps to correct it. and that they are now blaming congress in essence. they say that the house of representatives in particular, the republicans in the house of representatives are preventing them from using what they view as their remaining tools to get jobs growing, specifically investment in infrastructure, speeding up the patent process and extending the payroll tax holiday which is also now on table as part of the debt talks. >> now that you mentioned the debt talks here's what john boehner had to say. >> after hearing this morning's jobs report i'm sure the american people are still asking the question where are the jobs. the stimulus spending bing, excessive government regulations and our overwhelming debt contin
CNN
Jul 15, 2011 12:00pm PDT
that a big deal is hard to get. he seemed open to whatever republicans might be discussing up there on the hill. the president saying that if they have something that is a serious plan and they bring it to him, then he might be willing to move on it, even if it requires making some tough decision. the president was also asked about the so-called mcconnell plan which would raise the debt limit in three different increements through the end of 2012. here's what the president had to say about that. >> if washington operates as usual and can't get anything done, let's at least avert armageddon. >> reporter: so you avert armageddon because it takes care of problem number one, which is essentially raising the debt ceiling, but it doesn't take care of problem two, which is making any significant reductions in the deficit issue and the debt problem. so it does appear, at least based on what the president was saying, that he will at least be open to something that will prevent the u.s. from going into default and resulting in higher interest rates for all americans, which the president
CNN
Jul 3, 2011 10:00am PDT
two problems, a big budget deficit and markets have lost faith it can ever repay its loan. it is an unproductive economy and cannot generate enough economic growth over the next few decades. in economies, greece has a liquidity problem and a solvency problem. the united states, by contrast, does not have a solvency problem. the american economy remains one of the world's most competitive with many of the fastest-growing companies and most of the advanced industries. it houses thez the best capital markets in the world, the greatest universities, the most dynamic society, america is dem grammatically vibrant. the only rich country that will see the population grow over the next 25 years. america could face a liquidity problem. that is, it could have difficulty financing the debts and deficits if markets lose faith in it. but let's be clear. this has not happened yet. right now the world is lending to american more cheaply than ever before. the most important difference between greece and america is this, america has many paths to solve this deficit problem. were it to imple
Search Results 0 to 36 of about 37 (some duplicates have been removed)